IIKSS Search

Fresh oil explorations in Caspian Sea Energy

TEHRAN, Jun. 24 (MNA) – A trilateral agreement has returned exploration teams of the Oil Ministry to Caspian Sea blocks. The first oil field in Caspian Sea deep waters was discovered four years ago;

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Legal Status of Caspian Sea Legal Issues

 Legal Status of Caspian Sea Introduction The Caspian Sea is the biggest enclosed body of water on Earth, having an even larger area than that of the American Great Lakes or that of Lake Victoria in East Africa. The length of the

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Huge jump in Russian black caviar exports Fishing

The export of Russian black caviar has tripled in the first eleven months of last year compared with the same period of 2014, the Russian Ministry of Agriculture reported on Friday. Read more about 50 tons of black caviar, and exported 4.71

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German scholar says Iran is rich in archeology History

Tehran, March 6, IRNA – Senior Researcher from German University of Munich, Dr. Christian Konrad Piller, said on Sunday that he had done much archeological work in Iran, notably detecting hints of public social standings in the country in

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Azerbaijan’s SOCAR reviving Iran deals Energy

Azerbaijan’s state oil firm SOCAR says it is looking to revive trade with Iran as the two neighbors are strengthening relations after the lifting of sanctions on the Islamic Republic.  Azeri President Ilham Aliyev arrived in Tehran on Tuesday to

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KazMunaiGas crashes prepayment party to improve debt profile Energy

Read the rest of this TXF article here: http://www.txfnews.com/News/Article/5472/KazMunaiGas-crashes-prepayment-party-to-improve-debt-profile. For more high quality trade, export & agency, and commodity finance journalism and events, visit www.txfnews.com Kazakhstan’s state-owned KazMunaiGas (KMG), an umbrella company of several subsidiaries, is closing a $3

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THE HISTORY OF THE CASPIAN SEA History

The Caspian Sea is situated on the border of Europe and Asia. It is bordered with the Russian Federation, Kazakhstan, Turkmenistan, Azerbaijan and Iran. The Caspian is the largest inland body of water in the world. Since the ancient

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Russian interest in East Med and Cyprus gas Energy

In a week that saw Russia pulling some of its armed forces out of Syria and signs of increasing cooperation between Russia and the US in the region, it is important to examine Russian interest in energy, and particularly gas,

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Topaz Energy and Marine Net $ 20.8m Profit Investment

Topaz Energy and Marine, a leading offshore support vessel company, today announces its results for the year ended 31 December 2015. Business Highlights   * Net Profit for the period was US$ 20.8m before exceptional items, impairment charge

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Kashagan to expand and extend first production stage Investment

ASTANA – The Kashagan development project operator – North Caspian Operating Company (NCOC) – is planning to substantially expand and extend the first production stage – the Experimental Programme (EP). The operator company has developed an AEP project – Additional

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China Gets Winning Formula For Silk Road Railway Investment

Summary China agreed to help Iran building a railway which will form part of China's High Speed Silk Road Railway. China has a winning SRR formula: dual-Usage bullet train technology and irresistible co-operation terms. When SRR completed, freight train from China can reach

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Russo-Persian Treaty of Friendship (1921) History

The Russo-Persian Treaty of Friendship was signed on February 26, 1921 between representatives of Iran and the Soviet Russia. Based on the terms of the treaty, all previous agreements made between the signatories including the Treaty of Turkmenchay were canceled.

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full text of The Anglo-Russian Entente - 1907 History

Agreement Concerning Persia The Governments of Great Britain and Russia having mutually engaged to respect the integrity and independence of Persia, and sincerely desiring the preservation of order throughout that country and its peaceful develop ment, as well as the

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full text of Treaty of Gulistan (1813) History

full text of Treaty of Gulistan (1813) In the name of Almighty God With the intention to cease horror of the war and re-establish steady peace and well-wishing friendship neighborhood shared by Russia Empire and the State of Iran since the

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full text of Treaty of Turkmenchay (1828) History

full text of Treaty of Turkmenchay (1828) Treaty of Turkmenchay (1828) ARTICLE I His Majesty the Russian Emperor and His Majesty the King of Iran have agreed to eternal peace, friendship and full agreement between them, their heirs to the throne,

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Fishing for vital company knowledge Fishing

Fishing for vital company knowledge   Large building projects are delayed by all sorts of issues — money, employees who lack the right skills, public sentiment. But sometimes it is fish spawn, or great-crested newts. The deliverer of such bad news might

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ECO-Caspian energy transition through gas Energy

ECO-Caspian energy transition through gas The oil price slide since mid-2014 has severely constrained economic growth and investment in the Economic Cooperation Organization (ECO) & Caspian region. Despite this, regional governments nevertheless expect an improved market climate &

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Why do we need to save the tiger? Ecosystem

Why do we need to save the tiger? The natural population of these beautiful felines that we are used to seeing under captivity is disintegrating slowly. Tigers are among the most endangered animals on earth. The natural population of

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U.S. calls for strong economic ties with Azerbaijan Investment

U.S. calls for strong economic ties with Azerbaijan The U.S. State Department has voiced the necessity to strengthen the economic ties between Baku and Washington. "We discussed the issues related to trade, finances, agriculture, combating corruption," Kurt Tong, the Principal Deputy

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Turkmenistan-EU joint project on energy efficiency Energy

Turkmenistan-EU joint project on energy efficiency Turkmenistan and the European Union have launched a joint project on the implementation of strategies for sustainable development in Turkmenistan to help the country in the rational use of natural resources and energy, newspaper

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S&P affirms ratings of Kazakh KazTransOil pipeline operator Energy

S&P affirms ratings of Kazakh KazTransOil pipeline operator Trend: Standard & Poor's Ratings Services affirmed its 'BB' long-term corporate credit rating on Kazakhstan-based oil pipeline operator KazTransOil (KTO), the rating agency reported. The outlook is negative, according to the agency. The affirmation reflects

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Baku Higher Oil School to organize int’l conference Energy

Baku Higher Oil School to organize int’l conference On 25-28 April, 2016, BHOS and UK-based Confidence Capital company with the support of SOCAR will jointly organize international practical conference on 'Caspian Basin and Central Asia: Trade, Logistics, Oil Processing and

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Craze for LNG Energy

Craze for LNG Pricing policy of only one man, John D. Rockefeller, led to a decrease in the cost of kerosene in the US oil products' market of the late 19th century from 26 cents to eight cents per gallon

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FSU crude exports hit record high Investment

FSU crude exports hit record high Crude exports from former Soviet Union (FSU) countries rose by 1pc in March to a record high of 7mn b/d. Rising Russian crude exports outside the Transneft pipeline system helped offset a dip Azeri BTC

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Keeping microbes, zebra mussels away Ecosystem

Keeping microbes, zebra mussels away By Kris B. Mamula / Pittsburgh Post-Gazette Only in dreams do zebra mussels have anything to do with implants for the brain — unless you’re Noah Snyder. He’s now marketing a chemical compound that can both

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No Way Out Ecosystem

No Way Out The fate of the Caspian seal may have been decided five million years ago. The smallest earless seal on Earth, Pusa caspica, is the only mammal in the Caspian Sea. It is atop the aquatic food chain in this

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Azerbaijan and China: Greater integration Investment

Azerbaijan and China: Greater integration Rapidly expanding trade and nascent investment promise stronger links between China, the world’s second largest economy, and Azerbaijan, an energy rich country on the Caspian basin. Economic ties between Azerbaijan and China play a large role

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INOTEX 2016 presents IT and ICT achievements Investment

INOTEX 2016 presents IT and ICT achievements Iran, Russia, Belarus, Ukraine and Greece introduced their achievements in a meeting on IT and ICT technology exchange held on the sidelines of 2016 INOTEX Exhibition.   Speaking on the sidelines of

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The fascinating land of Dagestan History

The fascinating land of Dagestan   The Republic of Dagestan set on the Caspian Sea between the staggering Greater Caucasus mountains is a wonderland of ethnic and cultural diversity. Dagestan surrounded by the Caucasus mountains on one

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Traces of extinction Ecosystem

Traces of extinction Tigers used to occur across Asia as far west as Turkey. Isolated populations of tigers developed into eight different subspecies. Three generations ago, the tiger ranged from the Caucasus and Turkey through the southern Caspian region

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Iran ready to join European power grid Energy

Iran ready to join European power grid   Iran’s Energy Minister Hamid Chitchian has announced the country’s readiness to join the electricity grid of Europe. Speaking at a meeting with Energy Charter Secretary General Urban Rusnák in Tehran,

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In Iran, Modi projects Vajpayee’s vision Investment

In Iran, Modi projects Vajpayee’s vision The quantum leap for Indian diplomacy that was the Chabahar agreement, was seeded by NDA1 and nurtured by NDA2, while the two UPA administrations in between failed to make much progress The recent agreement between

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Azerbaijan realizes profitable railway projects Investment

Azerbaijan realizes profitable railway projects   Azerbaijan and Iran are considering three options for financing construction of the Rasht-Astara (Iran) railway section, Head of Azerbaijan Railways CJSC Javid Gurbanov said while talking to ANS TV channel. Being a part of the North-South

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In Iran, Modi projects Vajpayee’s vision Investment

In Iran, Modi projects Vajpayee’s vision   The recent agreement between Iran, Afghanistan and India to build the Chabahar port on the Iranian coast and link it with the existing rail and road network and related industrial corridor into

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Iran, Russia in talks over electricity exchange Energy

Iran, Russia in talks over electricity exchange   A new report says Iran and Russia are in final talks over electricity exchange during high seasons. Payam Baqeri, head of Export Committee of the Iranian Power Industry Union, has told the Azerbaijan

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Tehran-Astrakhan direct flight starts operation Investment

Tehran-Astrakhan direct flight starts operation Deputy-minister of industry, mines and trade has said beginning from early June, flights has been operated directly between Tehran and Russian Caspian port city of Astrakhan. Valiollah Afkhamizadeh told reporters on Saturday

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Focus on Caucasian pit viper Ecosystem

Focus on Caucasian pit viper   Vipers are the most efficient poisonous snakes of all. Their long fangs can inject venom deep into a victim. The venom acts mainly on the blood and muscles of the prey. Vipers usually have

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Tehran, Kiev after closer trade ties Investment

Tehran, Kiev after closer trade ties   Deputy industry minister, at a meeting with Ukraine’s ambassador to Iran, called for expansion of trade exchanges between Tehran and Kiev. Valiollah Afkhamirad, who heads Iran's Trade Promotion Organization (TPO), voiced

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India and SCO Political and military events

India and SCO India Has More Hoops to Jump for SCO Membership   “I convey our deep sense of gratitude to the members of the SCO for accepting India as a full member,” Prime Minister Narendra Modi told leaders of the Shanghai

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Invasive Species Could Creep into Armstrong Waters Ecosystem

Invasive Species Could Creep into Armstrong Waters   by Jonathan Weaver Boaters traveling along the Allegheny River or traveling to places like Pymatuming State Park in Crawford County this Summer should heed warning: there could be invasive species traveling with you. Biologist Sara Stahlman,

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Barter Enables Iran-Turkmenistan Gas Trade Energy

Iran will import gas worth $30bn from Turkmenistan over the next ten years in exchange for engineering goods and services of the same value. Oil ministry representative Mohammad Taqi Amanpour said June 27 that the two countries had finalized $2.5bn of

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Iran to treble gas exports to Armenia Energy

TEHRAN, Jul. 02 (MNA) – NIGEC managing director has reported on the reached agreement with Armenia to bring about a threefold increase in Iran’s gas exports to the Caucasus region country. Following an earlier power deal between

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Azerbaijani currency rate on July 11 Investment

Official exchange rate of the Azerbaijani manat against the US dollar was set at 1.5487 manats for July 11, said Azerbaijan's Central Bank July 8. Thus, manat's rate against the US dollar decreased by 0.2 percent compared to July 8. The

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China’s New Silk Road Has Beijing Looking West Investment

China’s New Silk Road Has Beijing Looking West Beijing is becoming increasingly aware that although China has become an economic giant, it risks being connected with the world only through trade. To expand its international influence, China needs new political concepts

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Time travel in Mideast History

Time travel in Mideast   ‘Wars are won in peace’ In addition to grain, survival of the Romans also heavily depended upon the availability of spices. Fortunately or unfortunately, like the present day oil, the Middle East then had some ‘Arabian

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Caspian Energy Grid – London Launch Energy

Caspian Energy Grid – London Launch   The Caspian Sea is the largest enclosed body of water by area and the resources to be found around in and under the Caspian Sea have been disputed for millennia. The issues

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Time travelling to the mother tongue History

Time travelling to the mother tongue The sounds of languages that died thousands of years ago have been brought to life again through technology that uses statistics in a revolutionary new way. No matter whether you speak English or Urdu, Waloon or

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Caspian Overview: BP's Caspian Gas Energy

Caspian Overview: BP's Caspian Gas   Azerbaijan produced about 9.363bn m³ of commercial gas in the first half of this year, down 8.8% year-on-year, of which BP-operated fields counted 71.6%, a top energy official told NGE. BP is the operator of the Caspian Sea’s

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Iran self-sufficient in wheat for 2nd year Agriculture

Iran self-sufficient in wheat for 2nd year   Iran expects its state-sponsored purchases of wheat from domestic farmers to surpass 10 million tonnes this year, Agriculture Minister Mahmoud Hojjati says. Harvests in the 2016/2017 crop season are on track to make

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Water level rises in Kura Hydrology

Water level rises in Kura   Increase of water level has been observed in Kura River in the past few days. The level of water in Giragkesemen settlement of Kura River increased by 12 cm on August 8. The water consumption holds 113m3/sec in

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Azerbaijan, Iran increased electricity swap Energy

Azerbaijan, Iran increased electricity swap   Azerbaijan and Iran have increased the swap of electricity by 2.5 times, Hamid Chitchian, Iran’s Energy Minister told Trend. He said that a new ETL (electrical transmission line) with the capacity of 330 kilowatt and

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Trade between Russia & Iran surges 71 percent Investment

 Trade between Russia & Iran surges 71 percent   With the lifting of sanctions, trade turnover between Moscow and Tehran has grown 70.9 percent in year-on-year terms, according to Russia's ambassador to Iran, Levan Dzhagaryan. Since international sanctions against Iran

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CECO would benefit all Caspian littoral states Investment

CECO would benefit all Caspian littoral states   Iran’s President Hassan Rouhani has taken key steps toward the establishment of Caspian Economic Cooperation Organization. Iran has been experiencing tense relations with some of her southern neighbors, especially with

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Iran, Armenia to boost electricity exchange Energy

Iran, Armenia to boost electricity exchange   An official has announced that Iran-Armenia electricity exchange volume will become trebled upon completion of the third transmission line. Vice President of Iran Power & Water Industries Equipment & Services Export

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Turkey and the Energy Transit Question Energy

 Turkey and the Energy Transit Question   For foreign and security policy analysts, pipelines tend to be the entry point into the world of energy. Pipelines create dependencies between countries, pipelines stay for decades, and pipelines have a highly symbolic political value. In

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Bumi Q2 earnings decline Energy

Bumi Q2 earnings decline   Malaysian FPSO player Bumi Armada reported 12.2% lower revenue of RM402.9 million and net loss of RM518.3 million in Q2 2016 due to lower income from its floating production storage and offloading (FPSO), and floating gas

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Russia, Iran sign MoU on banking coop. Investment

Russia, Iran sign MoU on banking coop.   Iran and Russia on Thu. signed an MoU in the fields of banking cooperation, anti-money laundering, countering the financing of terrorism, and development of settlements in national currencies in bilateral trade.

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China, Kazakhstan eye implementation of joint projects Investment

China, Kazakhstan eye implementation of joint projects   China and Kazakhstan, the two strategic partners, are planning to implement some 51 joint projects in different spheres of Kazakhstan’s economy, Kazakh President Nursultan Nazarbayev announced about this following his working visit to

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Local rivers under mudflow threat Environment

Local rivers under mudflow threat   Heavy rains of the past few days increased a risk of mudflows and floods in some mountains rivers of Azerbaijan, said Elbrus Alizadeh, the deputy director of the Geography Institute under the Azerbaijani National Academy

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Iran, Russia to boost Ruble-Rial swap Investment

Iran, Russia to boost Ruble-Rial swap   Vice chairman of Iran-Russian Chamber of Commerce has called for currency swap to further develop volume of the two countries' trade exchanges. Ghadir Ghiafeh touched upon the banking cooperation agreement between

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Cuba to seek oil imports from Russia, Iran Energy

Cuba to seek oil imports from Russia, Iran   Cuba is looking to Russia and Iran to make up for dwindling oil supplies from close ally Venezuela. The island is keen to replenish oil supplies as it works to revive foreign tourism

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NICO, Total to sign oil swap contract Energy

NICO, Total to sign oil swap contract   Iran’s Naftiran Intertrade Company Sàrl (NICO) and France’s Total S.A. Company have agreed on sealing an oil swap deal. Naftiran Intertrade Company Sàrl (NICO), a Swiss-based subsidiary of the National

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Oil Rebounds on Talk of Russia-Iran-OPEC Cooperation Energy

Oil Rebounds on Talk of Russia-Iran-OPEC Cooperation Russia supports year-long deal to stabilize oil, its OPEC representative tells Interfax Oil prices rebounded from a new one-month low Tuesday after further talk of cooperation to cap output among the world’s largest oil exporters. Russia

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Kashagan oil maybe transported via Azerbaijan Energy

Kashagan oil maybe transported via Azerbaijan   Energy-rich Kazakhstan may start oil export from its large Kashagan field through Azerbaijan in 2017.  Kazakh Energy Minister Kanat Bozumbayev said that the country does not exclude the possibility of transporting oil through Azerbaijan,

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Iran, Russia to build 4 thermal power plants Energy

Iran, Russia to build 4 thermal power plants   Iran and Russia authorities have emphasized implementation of the Green Corridor customs and the need to finalize the contract for construction of four thermal power plants. Iran's Ambassador to

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Brown bear, cub sighted in Kordkuy Ecosystem

Brown bear, cub sighted in Kordkuy   Two environmental patrol officers have recorded video of a female brown bear and her cub in Kordkuy. Two environmental patrol officers who were on mission in forests of Kordkuy, in Golestan

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Putin and Berdimuhamedov meet in Moscow Investment

Today, the Russian President Vladimir Putin met with the Turkmen President Gurbanguly Berdimuhamedov in Moscow. The two leaders discussed key issues of bilateral cooperation and exchange views on important regional issues during the talks. Russian President noted that

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Ashgabat, Kuala Lumpur to expand business ties Investment

IIKSS- Turkmenistan and Malaysia aim at enhancing of the mutually beneficial cooperation in trade, energy sector, as well as petrochemical, gas chemical, textile, food sectors, the Turkmen state news agency (TDH) reported. Meanwhile, the Turkmen President Gurbanguly Berdimuhamedov

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Iran offers incentives for foreign investment Investment

IIKSS – Iranian Finance and Economic Affairs Minister Ali Tayyebnia said Iran welcomes foreign investment and offers investors with a variety of incentives, IRNA reported. Speaking at the 20th general meeting and conference of Asia-Pacific Central Securities Depository

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Railway to connect Iran to Central Asian states Investment

IIKSS - RAI deputy has reported on negotiations for launching railroad connection among Iran, Kazakhstan, Turkmenistan and Tajikistan. Mir-Hassan Mousavi, Deputy of Islamic Republic of Iran Railways (RAI) made the remarks saying “the talks have kicked off in

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Azerbaijan, Iran discuss cooperation Investment

IIKSS- Azerbaijan`s Minister of Economy Shahin Mustafayev has met Chairman of Central Bank of the Islamic Republic of Iran Valiollah Seif. They discussed cooperation in financial field. The sides also exchanged views on the current state of cooperation

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Azerbaijan’s GDP increases Investment

IIKSS - The volume of Azerbaijan’s GDP reached 5.23 billion manat (official exchange rate on Feb. 18 is 1.7352 AZN/USD) in January 2017 that is by 0.8 percent more than in the same period of 2016, according to

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Iran means business Investment

IIKSS- A team at International Research Networks (IRN) organised an excellent Iran Business Symposium on Feb. 21+23, 2017, at the Renaissance Hotel in Amsterdam. It was attended by Switzerland, Germany, Turkey, Italy, and many other EU countries and

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Iran means business Investment

IIKSS- A team at International Research Networks (IRN) organised an excellent Iran Business Symposium on Feb. 21+23, 2017, at the Renaissance Hotel in Amsterdam. It was attended by Switzerland, Germany, Turkey, Italy, and many other EU countries and

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Kazakhstan to develop banking ties with Iran Investment

IIKSS- The Vice-Governor of Iran’s Central Bank for Foreign Exchange Affairs, Gholamali Kamyab, met with Kassymbek, the Kazakh Minister of Investment and Development on Thursday in Astana. Gholamali Kamyab, the Vice-Governor of Iran’s Central Bank for Foreign Exchange

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Political weight Political and military events

Political weight   The Political weight (وزن سیاسی) or PW index is an index that shows the geopolitical and eco-political situation of a country. A political index is a tool used to study country economic factors (especially government budget) with

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China’s strategy in the Caucasus Investment

IIKSS- When leaders of Azerbaijan and Georgia took part in a session titled “The Silk Road Effect” at the 2017 World Economic Forum in Davos, they were predictably eager to promote the importance of the China-led Silk Road

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Georgian Churches in Azerbaijan Tourism

Saingilo, now a region in Azerbaijan, was once a province of the Kakheti Kingdom of Georgia.  The province officially became part of Azerbaijan in 1922 under the ruling of the communist government of Moscow.  To this day, Saingilo is

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Azerbaijan, EU discuss co-op issues Political and military events

Azerbaijani Foreign Minister Elmar Mammadyarov met with Johannes Hahn, European Union Commissioner for Enlargement and Neighborhood Policy, during the Munich Security Conference on Friday, Trend reports referring to the Foreign Ministry of Azerbaijan. The meeting was also attended by

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